Skip to main content

About your Search

20130313
20130321
STATION
CSPAN 1
LANGUAGE
Search Results 0 to 0 of about 1
CSPAN
Mar 17, 2013 10:30am EDT
national debt is bigger than our entire economy. unless we change course, we will add another 9 trillion over the next ten years to our national debt. that debt will weigh down our country and our economy like an anchor. at some point, lenders will lose confidence in us. they will demand higher interest rates. and when they do, interest rates across the country will skyrocket on credit cards, mortgages, car loans, families. as interest rates rise, debt payments will overwhelm all other items in the budget and the debt will overwhelm the economy. our finances will collapse, the safety net will unravel and the most vulnerable that is who suffers the most under a debt crisis. a debt crisis would be the most predictable disaster in our history i look back at 2008 like it was jerds sometimes and i remember seeing all the all that was happening and i remember the panic meetings with the treasury secretary and looking back we can see what happened but at the moment it was a crisis that hit us like surprise and look what happened at the meantime look at the trillions of dollars of wealth loss, l
Search Results 0 to 0 of about 1